by uradmin | Jan 10, 2024 | Calculations
In commercial real estate, rentable square footage is calculated by adding a proportion of the common areas to the usable square footage, typically using the formula RSF = USF + (USF x Load Factor). This guide aims to demystify this process, emphasizing the importance...
by uradmin | Dec 4, 2023 | Calculations, Rentable Square Footage
Rentable square footage refers to the total area for which a tenant will pay rent in a commercial real estate setting. It encompasses not only the usable square feet of personal office space but also includes a share of common areas like lobbies, restrooms, and...
by uradmin | Dec 4, 2023 | Calculations, Usable Square Footage
Understanding usable square footage is crucial for commercial real estate tenants. As a tenant, you want to make sure you know exactly how much actual space you’re getting for your money when signing a lease. In this guide, we’ll explain what usable square...
by uradmin | Sep 19, 2023 | Calculations
As a property owner, you know that maximizing the usable rentable space of your property is key to increasing its value and profitability. However, achieving this goal requires more than just good design and construction practices. It requires accurate and...
by uradmin | Sep 19, 2023 | Calculations
If you’re involved in the real estate industry, it’s essential to understand how to calculate usable and rentable square footage. Knowing these measurements can help you make informed decisions and maximize cost-effectiveness, whether you’re a tenant...
